Listed by Better Properties Gig Harbor
$49,000

908 E Madrona Blvd NW Lakebay, WA 98349

Estimated payment $628/month

Total Views 691
0.37 Acre
$133,406 Price per Acre
16,000 Sq Ft Lot

Highlights

  • Community Boat Launch
  • Sport Court
  • Trails
  • Territorial View
  • Park
  • Level Lot

About This Lot

Welcome to your dream PNW location on a private island with its own community ferry! This beautiful 0.37 acre (16,000 sq. ft.) property is the perfect place to build your dream home, or set up a luxury camping site to getaway! Measuring 80' x 200' this lot has water (sourced from community well) plus electricity & a septic drain field (installed in 2009). The lot backs onto community owned land with seasonal wetlands. The lots on either side (each the same size at 0.37 acre) are for sale (906 & 910 East Madrona Blvd). This island community offers seasonal boat docks, boat launch, community beaches (x 2), parks & trails. Enjoy the piece, tranquility & beauty of Herron Island & all that it has to offer!

Listing Agent

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 08/22/2025

Better Properties Gig Harbor

Co-Listing Agent

Paige DeClue

Better Properties Gig Harbor License #22013575

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2424826

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $569

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80 x 200 x 80 x 200
  • Street terminates at a dead end
  • Level Lot

HOA Fees

  • $315 Monthly HOA Fees

Property Views

  • Territorial Views

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 9 / 2
  • Assessor Parcel Number 4450400260

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Herron Island Division # 4 Condos
  • Herron Island Subdivision

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$569

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Herron Island Division # 4
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Partially Cleared
  • Restrictions: No Restrictions
  • Special Features: None
  • Cumulative Days on Market: 12

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Dead End Street
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel
  • RoadOnWhichSide: East
  • WaterJurisdiction: Herron Island Water Department
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Community Well, On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Community Well, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 4450400260
  • Topography: Level,Sloped
  • Lot Size Acres: 0.3673
  • Lot Size: 80 x 200 x 80 x 200
  • Lot Size Sq Ft: 16000
  • Zoning Description: Residential
  • Zoning: Rural 10
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 9

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 568.82

MLS Schools

  • Elementary School: Evergreen Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $527 $63,600 $63,600 --
2024 $527 $60,800 $60,800 --
2023 $527 $58,100 $58,100 $0
2022 $406 $53,700 $53,700 $0
2021 $379 $34,200 $34,200 $0
2019 $144 $31,800 $31,800 $0
2018 $117 $11,400 $11,400 $0
2017 $117 $8,800 $8,800 $0
2016 $159 $9,300 $9,300 $0
2014 $154 $11,400 $11,400 $0
2013 $154 $9,000 $9,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $49,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Land Contract $69,219 Ticor Title
Interfamily Deed Transfer -- None Available
Warranty Deed $20,000 First American Title Ins Co
Warranty Deed $5,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $55,600 Land Contract Argmt. Of Sale
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2424826

Northwest Multiple Listing Service (NWMLS)

APN: 445040-0260